FINANCIAL MANAGEMENT
FIN5FMA
2017
Credit points: 15
Subject outline
This subject is focused on introducing you to the key goals and decision-making responsibilities of businesses and corporations. You will develop a thorough and advanced knowledge of the short and long term investment and financing decisions of a firm, including project evaluation and capital budgeting decisions; leasing, replacement and real option modelling; the relative merits of debt, equity, hybrid and derivative forms of capital and evaluation of the capital raising process; theoretical and practical decision-making relating to corporate capital structure and dividend policy decisions; the effect of leverage, taxes and other imperfections on the cost of capital and the value of the firm; and working capital and asset management. Related, and extension, topics that may also be considered include mergers and acquisitions, corporate restructuring and corporate governance applications.
School: La Trobe Business School
Credit points: 15
Subject Co-ordinator: Angela Lou
Available to Study Abroad Students: Yes
Subject year level: Year Level 5 - Masters
Exchange Students: Yes
Subject particulars
Subject rules
Prerequisites: N/A
Co-requisites: N/A
Incompatible subjects: N/A
Equivalent subjects: N/A
Special conditions: N/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Financial management : theory and practice, 13th Ed. | Recommended | Eugene F. Brigham & Michael C. Ehrhardt, 2011 | South western Cengage learning |
| Readings | Financial management : principles and applications, 6th Ed. | Recommended | J. William Petty, 2012 | Pearson publishing |
Graduate capabilities & intended learning outcomes
01. Critically evaluate and analyse the suitability of specific corporate decision-making and transactions for firms and their impact in firm valuation and shareholder wealth.
- Activities:
- Research project
- Related graduate capabilities and elements:
- Critical Thinking(Critical Thinking)
02. Demonstrate comprehension of the accounting, financial and economic theory on which corporate decision-making processes and the concept of firm valuation are founded.
- Activities:
- Lecture participation, tutorial class work, essay task
- Related graduate capabilities and elements:
- Writing(Writing)
03. Employ practical and quantitative skills to manage the debt and equity capital of a firm, and to value these capital components and the overall firm in this context.
- Activities:
- Tutorial class work, research project
- Related graduate capabilities and elements:
- Inquiry/ Research(Inquiry/ Research)
04. Demonstrate understanding of the operating and financial structures of business organisations and how these impact on the performance and valuation of these organisations.
- Activities:
- Lecture participation, tutorial class work and assessment tasks
- Related graduate capabilities and elements:
- Inquiry/ Research(Inquiry/ Research)
05. Structure and present an argument to a decision-making body (such as a CEO or Board of directors) recommending a specific corporate transaction or a restructuring or strategy action
- Activities:
- Research project
- Related graduate capabilities and elements:
- Writing(Writing)
- Inquiry/ Research(Inquiry/ Research)
- Critical Thinking(Critical Thinking)
Melbourne, 2017, Semester 1, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Angela Lou
Class requirements
LectureWeek: 10 - 22
One 2.0 hours lecture other recurrence on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
TutorialWeek: 10 - 22
One 1.0 hours tutorial other recurrence on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| 3 tutorial assessment tasks | Open-book individual assessment, 500 words per student | 15 | 02, 04 |
| One 3-hour final examination | MCQ questions plus problem solving | 60 | 02, 03 |
| One 5,000-word group project | 1000 words per student, up to five students per group | 25 | 01, 05 |
Melbourne, 2017, Semester 2, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Angela Lou
Class requirements
TutorialWeek: 32 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.
LectureWeek: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| 3 tutorial assessment tasks | Open-book individual assessment, 500 words per student | 15 | 02, 04 |
| One 3-hour final examination | MCQ questions plus problem solving | 60 | 02, 03 |
| One 5,000-word group project | 1000 words per student, up to five students per group | 25 | 01, 05 |
Sydney, 2017, Study Period 2, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Angela Lou
Class requirements
TutorialWeek: 31 - 42
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
LectureWeek: 31 - 42
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| 3 tutorial assessment tasks | Open-book individual assessment, 500 words per student | 15 | 02, 04 |
| One 3-hour final examination | MCQ questions plus problem solving | 60 | 02, 03 |
| One 5,000-word group project | 1000 words per student, up to five students per group | 25 | 01, 05 |
Sydney, 2017, Study Period 3, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Angela Lou
Class requirements
TutorialWeek: 46
One 1.0 hours tutorial per week on weekdays during the day in week 46 and delivered via face-to-face.
LectureWeek: 46
One 2.0 hours lecture per week on weekdays during the day in week 46 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| 3 tutorial assessment tasks | Open-book individual assessment, 500 words per student | 15 | 02, 04 |
| One 3-hour final examination | MCQ questions plus problem solving | 60 | 02, 03 |
| One 5,000-word group project | 1000 words per student, up to five students per group | 25 | 01, 05 |
Sydney, 2017, Study Period 1, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Angela Lou
Class requirements
TutorialWeek: 10 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| 3 tutorial assessment tasks | Open-book individual assessment, 500 words per student | 15 | 02, 04 |
| One 3-hour final examination | MCQ questions plus problem solving | 60 | 02, 03 |
| One 5,000-word group project | 1000 words per student, up to five students per group | 25 | 01, 05 |